You certainly can do quite a few things. You probably know by now that there is no federal estate tax at all in the United States, if deaths occur in 2010. Next year it may come back like a tidal wave —or not — depending on what Congress does. What should you do to cope ...
Osaka leads Japan in another embarrassing statistic. It is checking its records, which it found list 5,125 residents which are indicated to be age 120 or older. One man would be 152 if still alive. See the Bloomberg article. Cities and towns throughout Japan are all reviewing their files after the revelation of a ...
The estate tax lapse for the year 2010 has already helped the heirs of several famous and very wealthy persons who, if they had survived until next year, would have left far less. TV personality Art Linkletter, actor Dennis Hopper, Taco Bell founder Glen Bell, author Louis Auchincloss, real estate developer Walter Shorenstein, pipeline developer ...
Willie Pesek’s latest column at Bloomberg.com may offer a great insight into why the size of China’s economy has now surpassed Japan’s. It rings true to many expats in Japan. Willie continually does a great job in noting why news matters. That news does not mean China is “better” in that it provides its ...
The son of the founder of the troubled Daiei big box stores and former owner of the Daiei Hawks pro baseball team (now the Softbank Hawks), Tadashi Nakauchi, age 50, was arrested this week for failing to declare about 500 million yen (roughly $5.5 million) given to him by his father before his death. See ...
Merger negotiations between Kirin and the smaller, family-owned Suntory, Japan competitors in the beer and beverage business, have broken off, apparently permanently. The parties ultimately disagreed on the share ratio and the extent of the role that the ...
As I predicted only a few days ago, a Japan family-controlled company has prevailed in its demands for a key control position in a merger with a much larger firm. Suntory Holdings and ...
Accounts of merger negotiations between two major beer and beverage companies in Japan reveal a fascinating story about how a smaller, family-controlled company, Suntory, is maneuvering to maintain family business succession in a combination with the much larger Kirin, which ...